CEO John Fitzgerald was paid $637,802 in fiscal year 2025, ↑ up 0.1% from fiscal year 2024 (SEC filing 0001174947-26-000457 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$637,802 ↑ John Fitzgerald total, FY2025 | — CEO pay percentile vs peers | — CEO-to-median pay ratio | 87.37% Say-on-pay support, latest vote |
Track this company's pay every filing: join the Pro seat waitlist
Velarion Pro: every company page, peer tools and exports, one seat — $1,200/year
KWY's next annual pay disclosure, estimated April 3, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| John Fitzgerald | $600,000 | — | — | — | — | — | $37,802 | $637,802 |
| President & Chief Executive Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| John Fitzgerald | $637,802 | $637,250 | $610,192 | ↑ +552 |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
You have just read Kingsway's Summary Compensation Table. The whole free brief as a PDF, emailed now, with every figure cited — then a few short notes on the deeper KWY reports.
We send the PDF right away, then up to three short notes. Reply “unsubscribe” to any of them, any time.
How we handle your data → Privacy
The list of companies that name KWY as a peer is temporarily unavailable — recheck shortly.
One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.
| Executive | Role | FY2025 total |
|---|---|---|
| John Fitzgerald | CEO | $637,802 |
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Adam J. Patinkin | Independent Director | $60,000 |
| Charles Frischer | Former director (through FY2025) | $30,770 |
| Corissa B. Porcelli | Independent Director | $80,000 |
| Douglas Levine | Independent Director | $80,000 |
| Gregory P. Hannon | Independent Director | $120,000 |
| Joseph D. Stilwell | Independent Director | $80,000 |
| Joshua S. Horowitz | Independent Director | $60,000 |
| Terence M. Kavanagh | Chair of the Board | $120,000 |
No insider equity transactions reported since the proxy statement.
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| John Fitzgerald | PSU | 400,000 | — | $5,380,000 |
| Hansen | PSU | 20,921 | — | 281,383 |
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | — |
| Clawback policy | — |
| Anti-hedging | — |
| Anti-pledging | — |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2026 | 2026-05-18 | 13,053,997 | 1,887,562 | 8,957 | 87.37% | Passed |
| 2025 | 2025-05-19 | 14,336,882 | 232,635 | 22,376 | 98.4% | Passed |
| 2024 | 2024-05-20 | 17,709,296 | 831,274 | 16,218 | 95.52% | Passed |
| 2023 | 2023-05-16 | 16,191,606 | 53,735 | 20,417 | 99.67% | Passed |
| 2022 | 2022-05-17 | 15,188,290 | 1,336,488 | 11,928 | 91.91% | Passed |
| 2021 | 2021-05-28 | 13,733,050 | 132,865 | 15,614 | 99.04% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2026 | 2026-05-18 | 87.37%a |
| 2025 | 2025-05-19 | 98.4%b |
| 2024 | 2024-05-20 | 95.52%c |
a. Voting standard not stated in the filing.
b. Voting standard not stated in the filing.
c. Voting standard not stated in the filing.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | — |
|---|---|
| CEO total compensation | — |
| Median employee compensation | — |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Terence M. KavanaghIndependent · Board Chair · Investment · Compensation | $120,000 | — | — | — | $0 | $120,000 |
| Gregory P. HannonIndependent · Audit (Chair) · Nominating and Corporate Governance (Chair) | 120,000 | — | — | — | 0 | 120,000 |
| Joseph D. StilwellIndependent · Nominating and Corporate Governance · Compensation (Chair) | 80,000 | — | — | — | 0 | 80,000 |
| Douglas LevineIndependent · Investment | 80,000 | — | — | — | 0 | 80,000 |
| Corissa B. PorcelliIndependent | 80,000 | — | — | — | 0 | 80,000 |
| Adam J. PatinkinIndependent · Newly elected | 60,000 | — | — | — | 0 | 60,000 |
| Joshua S. HorowitzIndependent · Newly elected | 60,000 | — | — | — | 0 | 60,000 |
| Charles FrischerIndependent · Departed during FY | 30,770 | — | — | — | 0 | 30,770 |
| Annual cash retainer | $80,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 40,000 |
| Stock ownership guideline | — |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $630,770 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $630,770 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Kingsway | 2025 | John Fitzgerald | $600,000 | — | — | — | $637,802 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, John Fitzgerald | DEF 14A | 2026-04-06 | 0001174947-26-000457 | Section “2025 Summary Compensation Table” · page 25. As printed: 637,802. Filing ↗ |
| 2 | Section 07, pay ratio | 10-K | 2026-03-12 | 0001437749-26-007961 | Section “CEO Pay Ratio”. As printed: —. Filing ↗ |
| 3 | Section 08, Terence M. Kavanagh | DEF 14A | 2026-04-06 | 0001174947-26-000457 | Section “Director Compensation”. As printed: 120,000. Filing ↗machine: span 309420–309464 |
| 4 | Section 08, Gregory P. Hannon | DEF 14A | 2026-04-06 | 0001174947-26-000457 | Section “Director Compensation”. As printed: 120,000. Filing ↗machine: span 310479–310523 |
| 5 | Section 08, Joseph D. Stilwell | DEF 14A | 2026-04-06 | 0001174947-26-000457 | Section “Director Compensation”. As printed: 80,000. Filing ↗machine: span 314764–314807 |
| 6 | Section 08, Douglas Levine | DEF 14A | 2026-04-06 | 0001174947-26-000457 | Section “Director Compensation”. As printed: 80,000. Filing ↗machine: span 312647–312690 |
| 7 | Section 08, Corissa B. Porcelli | DEF 14A | 2026-04-06 | 0001174947-26-000457 | Section “Director Compensation”. As printed: 80,000. Filing ↗machine: span 313706–313749 |
| 8 | Section 08, Adam J. Patinkin | DEF 14A | 2026-04-06 | 0001174947-26-000457 | Section “Director Compensation”. As printed: 60,000. Filing ↗machine: span 308361–308404 |
| 9 | Section 08, Joshua S. Horowitz | DEF 14A | 2026-04-06 | 0001174947-26-000457 | Section “Director Compensation”. As printed: 60,000. Filing ↗machine: span 311593–311636 |
| 10 | Section 08, Charles Frischer | DEF 14A | 2026-04-06 | 0001174947-26-000457 | Section “Director Compensation”. As printed: 30,770. Filing ↗machine: span 315874–315917 |
| 11 | Section 06, 2026 vote | Form 8-K | 2026-05-21 | 0001437749-26-018057 | Item 5.07 · say-on-pay result. As reported: 87.37% (votes for as printed: 13,053,997). Filing ↗ |
| 12 | Section 06, 2025 vote | Form 8-K | 2025-05-21 | 0001437749-25-017984 | Item 5.07 · say-on-pay result. As reported: 98.4% (votes for as printed: 14,336,882). Filing ↗ |
| 13 | Section 06, 2024 vote | Form 8-K | 2024-05-21 | 0001437749-24-017819 | Item 5.07 · say-on-pay result. As reported: 95.52% (votes for as printed: 17,709,296). Filing ↗ |
| 14 | Section 01 trend, Δ column (computed) | Computed | — | — | Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1) |
| 15 | Section 09b board cost (computed) | Computed | — | — | Cash 630,770 + equity 0 + all other 0 = 630,770, summed across the director compensation table rows.machine: formula: Σ = 630,770 |
| 16 | Kingsway (subject), Section 10b CEO total | DEF 14A | 2026-04-06 | 0001174947-26-000457 | CEO total compensation as printed in Kingsway's own proxy. As printed: 637,802. Filing ↗ |
The Pay Desk — the free weekly executive pay briefing, one company at a time, every number traceable to a public filing.
You'll confirm on The Pay Desk's sign-up page.